General Insurance Applications (GIA) case studies
General Insurance Applications (GIA) · Put your knowledge to work in context.
The General Insurance Applications (GIA) credential appears in study materials as a designation-style exam administered through The Institutes, the risk management and insurance education body whose course catalog includes designations such as CPCU, AINS, ARM, AIC, AU, ARe, and AIDA. Candidates typically encounter GIA while building foundational knowledge of insurance principles, personal lines, commercial lines, and insurance operations, regulation, and ethics. The General Insurance Applications (GIA) case studies are 5 cases and about 1,993 words.
1The Restaurant Owner's Split Coverage Problem
Marta owns a 60-seat restaurant in a strip mall. Her building is valued at 1.2 million, contents at 180,000, and she carries a Businessowners Policy (BOP) with a building limit of 800,000 and contents limit of 120,000, both with an 80% coinsurance clause.
452 words, about 2 min2The Homeowner's Water Damage Dispute
Devon owns a two-story home insured under an HO-3 policy with dwelling coverage of 400,000, personal property at 50% ( 200,000), loss of use at 20% ( 80,000), and a 2,000 all-perils deductible. A pipe behind the upstairs bathroom wall bursts, causing 60,000 in water damage to the structure, 15,000 to furniture, and forcing the family to rent an apartment for three months at 2,800 per month while repairs occur.
396 words, about 2 min3The Contractor's Certificate of Insurance
Ridgeway Construction is the general contractor on a 4 million office renovation. It hires Summit Electrical as a subcontractor.
363 words, about 2 min4The Agency's E&O Exposure on a Cancellation
Priya is a producer at a small independent agency. A commercial client, Halvorsen Manufacturing, has a workers' compensation policy that renews January 1.
387 words, about 2 min5The Adjuster's Ethical Bind on a Total Loss
Kai is a staff adjuster handling a total loss fire claim on a commercial building. The policy has a replacement cost limit of 1.5 million with no coinsurance clause.
395 words, about 2 min